♻♻♻ Bitcoin Strategy: Pump and DUMP ♻♻♻

[ShortCoins]

It appears that Bitcoin is vulnerable to fraud known as the Pump and Dump


Pump & Dump:

"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money.


What will happen when addresses holding large amounts of BTC decide to sell off? Will fees skyrocket even more if this happens? I worry that the "dump" will happen so quickly that most people will get stuck holding their coins as they fall close to $0. Are Asia markets like China and Japan pumping up the price of bitcoin? It has gone from just $0.003 per coin to now $17,000 USD per coin!!! It is so scary to think about what happens when this bubble bursts and how quickly the price could tumble 

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[nullius]

Newbie warning:  The tellingly-named “ShortCoins” is spamming the forum with FUD.  That’s all he/she/it does; observe the timestamps, too:

2017-01-14 04:40:29	♻♻♻ Bitcoin Strategy: Pump and DUMP ♻♻♻
2017-12-14 03:34:22	☠☠☠ Is Crypto A Rip-O? ☠☠☠
2017-12-14 00:55:46	✨✨✨ FOMO: Fear Of Missing Out Is Driving Bitcoin Prices ✨✨✨
2017-12-14 00:24:28	☃☃☃ Is Bitcoin An Empty Promise? ☃☃☃
2017-12-13 01:13:43	☠☠☠ Will High Transaction Fees Be The Downfall Of Bitcoin? ☠☠☠
2017-12-13 00:29:56	✨✨✨ Minimum Investment Size For BTC ✨✨✨ (“I no longer see investments under 0.1BTC being that practical because of fees.”)
2017-12-13 00:00:31	☠☠☠ Andreas Antonopoulos, Bitcoin Messiah, is a Fraud ☠☠☠
2017-12-12 23:46:36	☃☃☃ The Most Important Question About Bitcoin ☃☃☃ (“Everyone is too focused on when to buy. Waiting for dips to enter into the market.  That is great, but the much more important question is:  When to sell bitcoin?” (boldface in original))
2017-12-12 03:12:26	⛔️⛔️⛔️ Using a Stop-Loss for BTC Investments ⛔️⛔️⛔️ (“What if bitcoin crashed 80% would you still hold on?”)
2017-12-12 01:09:21	✈✈✈ How High Will Bitcoin Fees Get? ✈✈✈ (“Bitcoin fees are skyrocketing!!!”)
2017-12-12 00:37:10	☘☘☘ Futures Will Increase The Volatility Of Bitcoin ☘☘☘
2017-12-12 00:22:19	✨✨✨ How expensive will the last bitcoins be to mine? ✨✨✨
2017-12-11 23:44:12	⚠⚠⚠ Bitcoin is like the lottery combined with religion ⚠⚠⚠
2017-12-11 23:28:01	☠☠☠ Is Politics A Threat To Bitcoin Success? ☠☠☠
2017-12-11 22:57:03	☃☃☃ The .01 Theory ☃☃☃ (“Most people own less than .01 BTC […] My theory is the fees will become so high that most people will just hold onto their BTC rather than sell.”)
2017-12-11 21:56:11	✨✨✨ Are we wasting resources to make digital currencies? ✨✨✨
2017-12-11 21:09:24	♨♨♨ Top 10 Reasons To Sell Bitcoin Now ♨♨♨ (“PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that” (red colour in original))
2017-12-11 07:10:45	♨♨♨ Bitcoin Fees Are Outrageous ♨♨♨
2017-12-10 06:49:41	♨♨♨ Is Bitcoin A Giant Ponzi Scheme?♨♨♨
2017-12-10 04:23:20	⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️
2017-12-10 03:55:22	♨♨♨ Bitcoin DOWN OVER 16% today!! ♨♨♨
2017-12-10 01:24:13	♨♨♨ Bitcoin DOWN OVER 15% today!! ♨♨♨
2017-12-10 00:29:54	♨♨♨ Bitcoin DOWN OVER 10% Today!! ♨♨♨
2017-12-09 23:16:17	⛔️⛔️⛔️ Is The Current Price Of Bitcoin Practical? ⛔️⛔️⛔️ (“I think a niche group (first 1% of population) who see the vision and the future of crypto have artificially driven this price up so high that it isn't likely the remaining population of the world will buy into it (at the current levels).”)
2017-12-09 21:34:26	✨✨✨ Time To SHORT For Massive Profits!! ✨✨✨

Account created: 2017-12-09 21:02:00

Caveat lector.

[nullius]

Hi Nullius,

Thanks for the "bump" aka spamming my board.

I am not sure why you continue to follow me all around the forums and post the same nonsense. I will be cordial, and ask you politely again, to please stop spamming

“My board”, it says.  How telling.

Calling me a spammer?  Pot, kettle.  STOP SPAMMING THE BITCOIN FORUM WITH YOUR STUPID FUD.

[ShortCoins]

Nullius, you sir are the spammer.

I am simply discussing topics related to bitcoin.



https://www.youtube.com/watch?v=uyoABcfdyAA

Here ya go. Why don't you do something valuable with your time? Educate yourself on the Bitcoin Bubble